LUFK Lufkin Industries, Inc. featured news, full reports, and detailed charts
Lufkin Industries, Inc. (LUFK) Wrap Up:
Lufkin Industries, Inc. (the “Company”) was incorporated under the laws of the State of Texas on March 4, 1902, and since that date has maintained its principal office and manufacturing facilities in Lufkin, Texas. The Company employed approximately 2,700 people at December 31, 2007, including approximately 1,850 that were paid on an hourly basis. Certain operations are subject to a union contract that expires in October 2008. The Company is divided into three operating segments: Oil Field, Power Transmission and Trailer. In January 2008, the Company announced the decision to suspend its participation in the commercial trailer markets and to develop a plan to run-out existing inventories, fulfill contractual obligations and close all trailer facilities during 2008. See the Trailer section below for more information. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f29%2f0000060849-08-000009.html#FIS_BUSINESS"Lufkin Industries Inc. (LUFK:NASDAQ)
Snapshot of Lufkin Industries Inc. (LUFK)
|
OPEN
$58.62
|
PREVIOUS CLOSE
$59.22
|
|
|
DAY HIGH
$59.93
|
DAY LOW
$58.62
|
|
|
52 WEEK HIGH
10/21/09 - $66.80
|
52 WEEK LOW
03/6/09 - $26.96
|
|
|
MARKET CAP
876.3M
|
AVERAGE VOLUME 3 mo
92.5K
|
|
|
DILUTED EPS TTM
$3.04
|
SHARES OUTSTANDING
14.9M
|
|
|
EX-DATE
11/27/09
|
P/E TTM
19.4x
|
|
|
DIVIDEND
$1.00
|
DIVIDEND YIELD
1.70%
|
|
| K = Thousands M = Millions B = Billions | ||
LUFK Top Compensated Officers
Executives, Board Directors
Key developments for Lufkin Industries Inc. (LUFK)
Lufkin Industries Inc. announced that the Board of Directors has declared a fourth quarter cash dividend of $0.25 per share on its common stock. The dividend will be paid on December 10, 2009, to shareholders of record on December 1, 2009.
Lufkin Industries Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net earnings of $4,992,000 or diluted earnings per share of $0.34 on sales of $117,688,000 compared to net earnings of $24,812,000 or diluted earnings per share of $1.65 on sales of $195,090,000 for the same period a year ago. Earnings from continuing operations of $5,055,000 or $0.34 per diluted share compared to earnings from continuing operations of $24,961,000 or $1.66 per diluted share for the same period a year ago. The company reported operating income of $7,181,000 and earnings from continuing operations before income tax provision of $7,652,000 compared to operating income of $38,839,000 and earnings from continuing operations before income tax provision of $38,898,000 for the same period a year ago. For the nine months, the company reported net earnings of $18,467,000 or diluted earnings per share of $1.24 on sales of $394,565,000 compared to net earnings of $61,673,000 or diluted earnings per share of $4.14 on sales of $510,648,000 for the same period a year ago. Earnings from continuing operations of $18,889,000 or $1.27 per diluted share compared to earnings from continuing operations of $61,724,000 or $4.14 per diluted share for the same period a year ago. The company reported operating income of $26,337,000 and earnings from continuing operations before income tax provision of $28,023,000 compared to operating income of $93,413,000 and earnings from continuing operations before income tax provision of $94,405,000 for the same period a year ago.
Lufkin Industries Inc. reported CapEx for the third quarter of 2009. The company has spent $10.7 million in the third quarter on CapEx. The company provided CapEx guidance for the fourth quarter and full year of 2009. The company anticipates fourth quarter capital spending somewhere between $12 million and $17 million. The company expects CapEx excluding acquisitions to come in at $40 million to $45 million for the year.
LUFK Competitors
| Company | Last | Change |
| CapSource Financial Inc | $0.05 USD | 0.00 |
| Renk | €48.43 EUR | 0.00 |
| Wabash National Corp | $1.81 USD | 0.00 |
| Weatherford International Ltd | $16.93 USD | -0.59 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | LUFK | Industry Range |
| Price/Earnings | 19.5x |
|
| Price/Sales | 1.4x |
|
| Price/Book | 2.0x |
|
| Price/Cash Flow | 19.6x |
|
| TEV/Sales | -- | Not Meaningful |
|
LUFK |
||
LUFK transactions
| Type Date |
Target |
|
Merger/Acquisition
July 1, 2009 |
Rotating Machinery Technology, Inc. |